WT Microelectronics is a global top three electronic components distributor with end-to-end capabilities and a diversified geographic presence across Asia Pacific, the Americas and EMEA. Founded in 1993 initially as a Taiwan-based semiconductor components distributor, WT's position is further strengthened by the acquisition of Future Electronics to become a truly global player. Together with Future Electronics, WT is partnering with over 400 suppliers across major technology segments to serve a highly diversified customer base of over 25,000 customers worldwide.
WT Microelectronics currently serves as the distribution partner for over 400 global leading electronic components suppliers and provides services to over 25,000 quality customers. The products we carry are broadly used in various fields, including communication, computing, datacenter, consumer electronics, industrial & instrument, IoT, and automotive.
WT announced that it has entered into a definitive agreement to acquire 100% of the shares of Future Electronics Inc. in September 2023 and has completed the acquisition on 2nd April 2024. This acquisition represents a transformational milestone, as it brings together two highly complementary business models and solidifies WT's position as a global electronics distributor with end-to-end service capabilities by leveraging the strengths and expertise of both organizations to offer even greater value to customers and suppliers.
WT's annual sales for 2023 totals around US$19.1 billion. According to the survey of Gartner, an international market research organization, WT continues increasing market share in 2023 and is the fourth largest semiconductor distributor in the world and the largest in Asia. The combined market share 12.2% of WT and Future was ranked No.1 in the global semiconductor distribution market.
As a world-class global electronic components distributor, WT Microelectronics has differentiated and comprehensive product line cards (Semiconductor & IP&E) and widespread customer coverage (Key Account and Mass Market). WT can i) provide seamless cross-border services to customers around the world, (ii) achieve geographic diversification, and (iii) deliver a full range of product offerings, application engineering expertise, as well as superior logistics management services. WT also can provide unmatched market intelligence for suppliers and customers and has the strength to provide solid solutions for customers.